While housing affordability is generally considered a young person’s issue, it is also a major problem for those living on a low weekly income stressing to pay off and maintain an existing home.

For seniors wanting to avoid the financial risks of downsizing and falling into a traditional retirement living model, there’s a major property growth market intensifying in lifestyle-focused land lease communities.

Ingenia Lifestyle, a leading owner, operator and developer of over 55s communities, is setting new benchmarks in affordable seniors living allowing residents to own their own high quality, modern home and lease the land, set within a master planned community with extensive landscaping and resort-style facilities.

The Ingenia Lifestyle land lease model improves a resident’s lifestyle by allowing them to free up their capital, reduce their costs of living, lock up and leave to travel or focus their health and wellbeing.

The land lease model comes without the hassles of strata management or body corporate fees, no council rates, no stamp duty to pay, there are no exit / DMF fees and no refurbishment fees. As the resident owns the home they also retain 100% of any capital growth made on their property.

The lease of the land means there is just one simple site fee covering the maintenance and management of the community while many lifestyle community residents are then able to access rental assistance to subsidies the site fees.

Another important factor that protects residents is they are covered by relevant state-based residential land lease communities legislation which governs the industry and seeks to promote fair operational trading practices.

“We have developed the downsizing option that delivers more financial benefits and lifestyle gains than any other seniors living housing model operated and maintained by our village management and staff all wrapped up in a secure, gated community.

“We understand our residents wish to be treated in a way that is thoughtful, considered and caring so they can enjoy more freedom and have more time to rest and relax.

“We know our residents expect quality and appreciate attention to detail which is what drives us to create value and more memorable experiences.

“The Ingenia Care team and their new Wellbeing Program is there for you when you need it giving you peace of mind to plan ahead. Our aim is to identify your support needs every step of the way and help make the care process as easy as possible so you can continue to live independently.

“Our vision is to create Australia’s best lifestyle communities and we deliver on this promise by ensuring our residents feel a sense of belonging in their community and connection to each other,” Nikki said.

INGENIA LIFESTYLE’S UNIQUE BENEFITS
• Downsize and free up your equity
• No stamp duty, no council rates and no exit fees
• No refurbishment fees
• Flexible and low-maintenance lifestyle
• A place to call home in a safe and secure community
• Connect with like-minded friends and enjoy social activities
• Take advantage of the Ingenia Wellbeing Program and Ingenia Care
• Lock and leave to travel
• Pets welcome
• Ingenia Gold Card providing 25% discount with Ingenia Holidays

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